Quote:
Originally Posted by Watcher
Great! And how does that help the average American?
Big Business is making even more money.
I stand by my statement; the US is doomed. The rich are continuing to get richer day by day, and less fortunate are treading water, trying to keep their heads above water.
BTW, Venezuela also has lots of oil, and the average citizen isnīt doing so good there, either.
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You are oblivious to your German conditions.
German modern prosperity has largely been aided by the availability of cheap Russian gas. Now that cheap Russian gas will no longer be available. This makes Germany much less competitive.
And look what your German capitalists are doing...they are doubling down on their investments in China while trying to close VW plants in Germany.
Don't Stop Believing The Inexorable Rise of German FDI In China.
https://rhg.com/research/dont-stop-b...-fdi-in-china/
To a greater extent than ever before, EU investments in China are being driven by Germany and its carmakers. German FDI made up 57% of total EU investments in China in the first half of 2024, 62% in 2023, and a record 71% in 2022. This was driven by auto-related FDI, which has accounted for roughly half of all EU investment in China since 2022.